Today's average rate
30-year fixed rate:APR 6.710%
-0.07%
Today
-0.14%
Over 1y
15-year fixed rate:APR 5.954%
+0.06%
Today
-0.01%
Over 1y
5-year ARM rate:APR 7.616%
-0.01%
Today
+0.04%
Over 1y

Compare Today's 30-Year Fixed Refinance Rates

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners and here's how we make money.

Why do you want a home loan?
Showing: Refinance, Good (720-739), 30-year fixed, Single family home, Primary residence, cash-out
Showing: Refinance, Good (720-739), 30-year fixed, Single family home, Primary residence, cash-out
License information

7 results:

30-year fixed

Northpointe
EXPLORE QUOTE
Northpointe: NMLS#447490
Lowest APR
Lowest monthly payment
Conventional 30-year fixed
Northpointe
4.0
NerdWallet rating
APR
6.258% 
Interest rate
6.25% 
Mo. payment
$2,155 
Insurance $0
Total fees
$286 
About this lender
Visit lender's website | Call (866) 356-0885
Pros
  • A full slate of loan offerings.
  • Offers a no-down-payment loan with a shorter repayment term that helps accelerate home equity accumulation.
  • Digital conveniences include a mobile app.
Cons
  • You’ll need to provide contact information or speak to a loan officer for customized mortgage rates.
  • Origination fees are on the high side, according to the latest data.
Farmers Bank of Kansas City: NMLS#613839
Great for Rate transparency
Conventional 30-year fixed
Farmers Bank of Kansas City
4.5
NerdWallet rating
APR
6.637% 
Interest rate
6.625% 
Mo. payment
$2,242 
Insurance $0
Total fees
$434 
About this lender
Pros
  • Displays customized rates, with fee estimates, without requiring contact information.
  • Offers home equity loans and lines of credit.
  • Mortgage origination fees are on the low side compared to other lenders, according to the latest federal data.
Cons
  • Doesn’t offer government-backed FHA or USDA loans, or adjustable-rate mortgages.
  • Home renovation loans are not available.
  • Mortgage rates are on the high side compared to other lenders, according to the latest federal data.
NBKC
EXPLORE QUOTEon NBKC
on NBKC
NBKC: NMLS#409631
Great for first-time home buyers | digital convenience | customer service
Conventional 30-year fixed
NBKC
APR
7.024% 
Interest rate
6.99% 
Mo. payment
$2,327 
Insurance $0
Total fees
$1,211 
Pros
  • Displays customized rates, with fee estimates, without requiring contact information.
  • Efficient customer service over the phone or through online chat.
Cons
  • Physical branches are limited to the Kansas City metro area.
Central Bank: NMLS#407985Conventional 30-year fixed
Central Bank
4.0
NerdWallet rating
APR
7.134% 
Interest rate
7.125% 
Mo. payment
$2,359 
Insurance $0
Total fees
$332 
About this lender
Pros
  • Among the best when it comes to online convenience.
  • Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
  • Claims to offer preapproval within 24 hours of loan application.
Cons
  • You'll have to complete a loan application to see mortgage interest rates.
  • Bank branch locations limited to the Midwest.
  • Does not offer home equity lines of credit.
New American Funding: NMLS#6606
Great for first-time home buyers | customer service
Conventional 30-year fixed
New American Funding
APR
7.538% 
Interest rate
7.49% 
Mo. payment
$2,445 
Insurance $0
Total fees
$1,629 
Pros
  • Offers a wide variety of purchase and refinance mortgages with an emphasis on helping underserved communities.
  • Its home equity line of credit can be used for an owner-occupied or second home.
  • Offers a program to enable buyers to make cash offers.
Cons
  • Mortgage origination fees tend to be on the high end, according to the latest federal data.
Bethpage Federal Credit Union
EXPLORE QUOTEon Bethpage Federal Credit Union
on Bethpage Federal Credit Union
Bethpage Federal Credit Union: NMLS#449104Conventional 30-year fixed
Bethpage Federal Credit Union
APR
7.538% 
Interest rate
7.5% 
Mo. payment
$2,448 
Insurance $0
Total fees
$1,315 
About this lender
Pros
  • Has a fully online mortgage application and a highly rated mobile app.
  • Offers financing for co-ops, a type of home that’s common on the East Coast.
  • Interest rates are on the low side, according to the latest federal data.
Cons
  • In-person service available only on Long Island, New York.
  • Doesn’t offer renovation, construction-to-permanent or USDA loans.
  • Customized rates not available online.
Rocket Mortgage, LLC: NMLS#3030
Great for digital convenience | customer service
Conventional 30-year fixed
Rocket Mortgage, LLC
APR
7.787% 
Interest rate
7.75% 
Mo. payment
$2,508 
Insurance $0
Total fees
$1,250 
About this lender
Pros
  • Streamlined online process with document and asset retrieval capabilities.
  • Often ranks high in customer satisfaction surveys.
Cons
  • Getting a customized interest rate requires a credit check, which can affect your credit score.
  • Origination fees are on the high side compared with other lenders, according to the latest federal data.

About These Rates: The lenders whose rates appear on this table are NerdWallet’s advertising partners. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a lender’s site. The terms advertised here are not offers and do not bind any lender. The rates shown here are retrieved via the Mortech rate engine and are subject to change. These rates do not include taxes, fees, and insurance. Your actual rate and loan terms will be determined by the partner’s assessment of your creditworthiness and other factors. Any potential savings figures are estimates based on the information provided by you and our advertising partners.


A Beginner’s Guide to Refinancing a 30-YR Mortgage
Last updated on July 7, 2024
Written by 
Senior Writer/Spokesperson
Michelle Blackford
Reviewed by 
Alice Holbrook
Edited by 
Fact Checked
Assigning Editor
Fact Checked
Holden Lewis
Written by 
Senior Writer/Spokesperson
Michelle Blackford
Reviewed by 
Alice Holbrook
Edited by 
Fact Checked
Assigning Editor
Fact Checked

Why should I compare 30 year refinance mortgage rates?

Mortgage lenders vary in many ways, including what interest rate they'll offer you. Comparing refinance mortgage rates can help you find the lender who will give you the best deal.

Borrowers who shop around can save significantly. Freddie Mac researchers have found that a home shopper who got two rate quotes could save up to $600 in interest per year, and a shopper comparing four or more rate quotes could save over $1,200 annually. The rate differences are often just fractions of a percentage point, but they add up.

You can get started right on this page by entering basic information about the loan you're seeking. Input your ZIP code, refinance amount and approximate credit score to see sample 30 year refinance rates from mortgage lenders.

» MORE: Ways to get the best refinance rates

Will 30-year refinance mortgage rates drop?

Mortgage rates fluctuate daily and are influenced by the economy, the inflation rate and the health of the job market. Unpredictable events, like geopolitical turmoil, can affect all of those factors. See NerdWallet’s mortgage interest rates forecast to get our take.

The 30-year fixed refinance mortgage rate you'll be offered will vary from that average based on your characteristics as a borrower. The value of your home, your home's location, your income and debts, and your credit score are among the variables that lenders will consider when quoting refinance mortgage rates.

Should I refinance to a new 30-year mortgage?

When you refinance, you decide how long you want your new mortgage to be. You could opt for a shorter term to pay off your mortgage more quickly.

The most common option is to start over with a new 30-year mortgage. A 30-year fixed-rate refinance gives you a new home loan that maintains its interest rate and monthly principal-and-interest payment over the 30-year loan period.

Video preview image

6 steps to refinance

Considering refinancing to a new 30-year fixed rate loan? Here are the basics.

1. Figure out if a refi is the right move. Knowing your goal will help you determine whether a refinance will pay off. If saving money is your goal, you want to be sure not only that you're getting a lower interest rate but also that you'll stay in the home long enough to reach the break-even point. If you have another plan, like taking cash out to renovate your home, make sure your budget can handle larger mortgage payments.

2. Make sure your finances are solid. A track record of consistently paying your mortgage isn't enough. Make sure your credit score is in good condition and your debts are under control. If your credit score is on the low side or your debt-to-income ratio is high, you may want to work on those before applying to refinance.

3. Save up for closing costs. A refinance may be less pricey than a home purchase because you don't make a down payment and you can skip some steps, like the home inspection. But refinances do come with closing costs, which include a lender origination fee and appraisal. These generally run 2% to 6% of the amount of your refinance. Sometimes lenders will let you roll these costs into the amount you're refinancing — that's called a no-closing-cost refinance — but if you do that, you'll pay interest on a larger loan.

4. Compare mortgage refinance offers. You may want to get a quote from the lender that originated your mortgage, but you don't have to stick with the same lender. Comparing rate quotes as well as lender fees will help you get the best deal on your refi.

5. Choose a lender and lock your rate. Once you're applying for your refinance, you may also want to lock your interest rate. A rate lock holds your refi rate steady until closing. With a rate lock, even if mortgage rates go up while you wait for the lender to finish underwriting, your rate won't change.

6. Close on your refinance. There's less fanfare than with a home purchase — no one's handing over the keys — but otherwise, a refinance closing is pretty similar to a purchase closing. You'll pay the closing costs with a money transfer or cashier's check, and sign a raft of documents to start your new home loan.


About the author: Holden is NerdWallet's authority on mortgages and real estate. He has reported on mortgages since 2001, winning multiple awards.

NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines.

Check out our other mortgage and refinance tools

Lenders

Get pre-approved

Get your true budget and find a home with ease.
Calculator

Calculate your mortgage

Figure out your estimated payments the easy way.
Calculator

Should You Refinance

Calculate how much you can save by refinancing
Explore more quotes

Refinance rates by loan type

30-year-fixed refinance rates